Bushra's Group

Bushra baji, the wife of A. M., lives in the small city of Chichawatni, Pakistan where she is the mother of five children: four sons and one daughter, all enrolled in a local school. This housewife successfully completed her first loan from Asasah (a microfinance institute of Pakistan) whereby she purchased an auto-rickshaw for her husband; her brother-in-law is now operating the rickshaw while her husband works as a security guard. Bushra baji is requesting a loan to start a new fruit-selling business, which her husband will operate.

She is joined in this group loan by four other members: Sakina baji requests a loan to buy goats and sheep to resell; Hanifan baji and Kalsoom baji each request a loan to buy a donkey cart; Bashiran baji requests a loan to buy some groceries for her grocery shop.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.